Energy Super is the latest fund to call for members to contact fund representatives when making insurance claims rather than engage lawyers, who charge for the service.
The call from the $6 billion fund comes amid industry concerns that most mem.. Read More

Energy Super is the latest fund to call for members to contact fund representatives when making insurance claims rather than engage lawyers, who charge for the service.
The call from the $6 billion fund comes amid i.. Read More

Warren Buffett's Berkshire Hathaway has bought an equity stake of 3.7 per cent in Insurance Australia Group (IAG) for $500 million and entered into an insurance partnership.
Under the 10-year partnership, Berkshire .. Read More

More superannuation funds have decided to increase insurance premiums for life and total and permanent disability (TPD) policies.
BT Financial Group has increased tailored cover premiums for its BT Lifetime Super Em.. Read More

The $420 million industry for employees in the sporting and recreational clubs and associated industries Club Super has appointed CommInsure as its provider of group life insurance.
“I am delighted to announce.. Read More

Insurance premium increases by superannuation funds have not come to an end just yet, and the industry will still have to face some challenges before it can look forward to a sustainable future.
A number of super fu.. Read More

New research into the mental health and suicide-related claim experience of 13 not-for-profit super funds and six group insurers will allow funds to track how their experience differs from the industry average.
Supe.. Read More

AIA Australia chief executive Damien Mu explains why innovation in claims management could form the key to a sustainable group insurance industry.
It’s no secret group insurance in Australia has faced some cha.. Read More

Corporate super fund Telstra Super has increased its life and total and permanent disablement insurance premiums by a maximum of 18.5 per cent.
The new premiums will be effective from 1 July.
In recent years, s.. Read More

Cbus Super has increased insurance premiums for 550,000 of its 700,000 members, mostly those who have been defined as ‘high-risk’ members working in the construction and building industries.
The super fu.. Read More

Despite the recent trend of increasing insurance premiums following the Australian Prudential Regulation Authority’s warning that group insurance premiums had become unsustainable, Equip has decreased its premiums .. Read More